NOT LISTED FOR SALE

505 Pace Ln Bentonville, AR 72712

Estimated Value: $352,000 - $568,000

2 Beds
1 Bath
1,808 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $265,000 $147 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,551/month

182 Days on Market

Highlights

  • 1.16 Acre Lot
  • Deck
  • Pole Barn
  • Evening Star Elementary School Rated A
  • Wood Burning Stove
  • Home Office

About This Home

As of August 2021

Enjoy Country Living! This 1800+ sq ft home with barn on 1.16 acres gives you so many options to make this a great place to live. Use your imagination & fix it up or tear it down and rebuild. Home has new paint, newer roof, new well pump & pump house. Huge barn in back. (Brown storage shed does not convey). Close to Cave Springs, Bentonville and still in Bentonville school district.

Last Agent to Sell the Property

Kelly Green

Coldwell Banker Harris McHaney & Faucette-Rogers License #SA00083584 Listed on: 01/26/2021

Coldwell Banker Harris McHaney & Faucette-Rogers

Last Buyer's Agent

Katie Voldeng

Collier & Associates- Rogers Branch License #SA00051720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $740

Year Built

  • Built in 1985

Lot Details

  • 1.16 Acre Lot
  • Rural Setting
  • Back Yard Fenced
  • Level Lot
  • Cleared Lot

Home Design

  • Fixer Upper
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Gas Log Fireplace
  • Home Office
  • Library
  • Crawl Space

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Pole Barn
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$740

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.16
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Directions: See Google maps or take W Airport Regional Rd, turn left on Hwy 112 follow to Pace Lane, turn right. House is on the left.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built Details: Age Unknown
  • Year Built: 1985
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Single Family Residence
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log, Wood Burning Stove
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Interior Amenities: None
  • Living Area: 1808.0
  • Dining Room Type: Library, Office
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Cleared, Level, None, Rural Lot
  • Pool Features: None
  • Waterfront Features: None
  • Construction Type: Vinyl Siding
  • Exterior Features: Unpaved Driveway
  • Foundation Details: Crawlspace
  • Other Structures: Barn(s), Pole Barn, Storage, Well House, Workshop
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer
  • Roof: Asphalt, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available

Schools

  • Junior High Dist: Bentonville

Lot Info

  • Zoning: N
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 740.0
  • Tax Block: -
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Aug 27, 2021
Sold by
Cloer Brenda Kay
Bought by
Martinez-Trejo Octavio and Osornio-Martinez Yaneli
Seller's Agent
Kelly Green
Coldwell Banker Harris McHaney & Faucette-Rogers
Buyer's Agent
Katie Voldeng
Collier & Associates- Rogers Branch
List Price
$280,000
Sold Price
$265,000
Premium/Discount to List
-$15,000
-5.36%
Current Estimated Value
$454,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,947
Avg. Annual Appreciation
13.77%
Original Mortgage
$251,750
Outstanding Balance
$228,574
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$226,373

Purchase Details

Closed on
Jan 22, 2010
Sold by
Stewart Martin Todd
Bought by
Cloer Larry A and Cloer Brenda K

Purchase Details

Closed on
Jun 14, 1995
Bought by
Cloer

Purchase Details

Closed on
Apr 5, 1985
Bought by
Stacy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martinez-Trejo Octavio $265,000 Waco Title
Cloer Larry A -- None Available
Cloer -- --
Stacy $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez-Trejo Octavio $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $265,000 -5.4% $147 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $280,000 -- $155 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,035 $44,661 $19,720 $24,941
2024 $1,869 $44,661 $19,720 $24,941
2023 $1,699 $30,170 $9,510 $20,660
2022 $1,744 $30,170 $9,510 $20,660
2021 $759 $30,170 $9,510 $20,660
2020 $715 $18,720 $3,940 $14,780
2019 $715 $18,720 $3,940 $14,780
2018 $740 $18,720 $3,940 $14,780
2017 $693 $18,720 $3,940 $14,780
2016 $693 $18,720 $3,940 $14,780
2015 $990 $17,580 $3,940 $13,640
2014 $640 $17,580 $3,940 $13,640
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kelly Green

    Coldwell Banker Harris McHaney & Faucette-Rogers

    (479) 619-7071

    9 in this area

    178 Total Sales

    Kelly Green
    Section Image

  • K

    Buyer's Agent in 2021

    Katie Voldeng

    Collier & Associates- Rogers Branch

    (479) 640-8794

    8 in this area

    113 Total Sales

    Katie Voldeng
    Section Image
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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 1172051

Northwest Arkansas Board of REALTORS®

APN: 18-09367-000

Arkansas Benton County Bentonville 72712

505 Pace Ln, Bentonville, AR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Arkansas Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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